Rabobank
Rabobank, officially known as Coöperatieve Rabobank U.A., is a prominent Dutch financial institution headquartered in the Netherlands. Established in 1898, Rabobank has evolved into a leading player in the global banking sector, with a strong presence in Europe, North America, and Australia. Specialising in retail and wholesale banking, Rabobank is particularly renowned for its expertise in agribusiness and food production financing. Its unique cooperative model fosters a strong connection with local communities, enabling tailored financial solutions that meet specific regional needs. With a commitment to sustainability and innovation, Rabobank has achieved notable recognition in the banking industry, consistently ranking among the top banks for customer satisfaction. Its diverse range of services, including personal banking, corporate finance, and investment solutions, positions Rabobank as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Rabobank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Rabobank's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rabobank's reported carbon emissions
In 2024, Rabobank reported total carbon emissions of approximately 69,000,000 kg CO2e, encompassing Scope 1 and 2 emissions. For the previous year, 2023, the bank disclosed significant Scope 3 emissions related to investments, amounting to about 18,300,000,000 kg CO2e in the Netherlands, 2,100,000,000 kg CO2e in Australia, and 1,700,000,000 kg CO2e in New Zealand. Globally, Rabobank's total Scope 3 emissions reached approximately 46,900,000,000 kg CO2e, alongside Scope 1 and 2 emissions of about 73,000,000 kg CO2e. Despite these figures, Rabobank has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The emissions data is sourced directly from Coöperatieve Rabobank U.A. without any cascading from a parent organization. Rabobank's climate commitments remain vague, with no specific pledges or initiatives outlined in the available data. The bank's focus appears to be on transparency in emissions reporting rather than on defined reduction strategies.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 35,204,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 2 | 84,879,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 24,263,000 | 00,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Rabobank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
